AGRICULTURAL NEWS - President Cyril Ramaphosa announced that government has reprioritised funding towards an economic stimulus package that would focus on agriculture, among other sectors.
Speaking at a press conference at the Union Buildings in Pretoria on Friday, Ramaphosa said that agriculture had the potential to create jobs immediately and in the long term.
“Interventions will include support measures for black commercial farmers to enable an increase in entry into food value chains through access to infrastructure like abattoirs and feedlots. Blended finance will be mobilised from the Land Bank, the Industrial Development Corporation and commercial banks to give full effect to this,” Ramaphosa said.
